Oil (F) 2017-10-04

as we advised yesterday and as we see over our previous chart

Crude oil managed to test uptrend support line around 50.00 as we see over the chart

As long as market holding above 50.00 another advance wave toward 53.50 will be expected

Below 49.40 market may add more drop movement toward 46.50 zone

  Support Resistance
Level 1 50.00 51.20
Level 2 49.40 52.80
Level 3 47.50 53.50

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